Rockwell Automation revenue up 26%
Rockwell Automation reported fiscal 2011 second quarter revenue of $1.46 billion, up 26 percent from $1.16 billion in the second quarter of fiscal 2010.
Net income was $166.4 million, or $1.14 per share, compared to $111.9 million, or 77 cents per share, in the second quarter of fiscal 2010.
Architecture & Software fiscal 2011 second quarter sales were $624.2 million, an increase of 21 percent from $516.2 million in the second quarter of fiscal 2010. Segment operating earnings were $152.2 million in the second quarter of fiscal 2011, compared to $122.6 million in the second quarter of fiscal 2010.
Control Products & Solutions fiscal 2011 second quarter sales were $839.9 million, an increase of 30 percent from $648.3 million in the second quarter of fiscal 2010. Segment operating earnings were $92.0 million in the second quarter of fiscal 2011, up from $54.7 million in the second quarter of fiscal 2010.
"Our strong revenue performance in the first half, continued strength in the industrial sector and an increased tailwind from currency are positives as we enter the third quarter. However, events such as the earthquake in Japan and unrest in the Middle East and North Africa have added uncertainty to the global macroeconomic environment. Taking all of these factors into account, we are increasing our revenue outlook for the full fiscal year to $5.7 to $5.8 billion," said Keith D. Nosbusch, chairman and chief executive officer.
INDUSTRIAL SUPPLY MAGAZINE
The May/June issue of Industrial Supply magazine features an in-depth cover story about GHX Industrial. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
